Sunday, July 28, 2024 9:33:02 AM
First, I think we will know better about the insider purchases, and any effect on the outstanding share structure, when they report their quarterly in a couple of weeks.
Secondly, that guy Baldwin is either clueless, or has a vested interest in trying to get the stock price down, You have to ask yourself, "why would this guy even care enough to target a company, that has only traded several thousand shares to the upside." Who is he trying to protect? None of us on this board have even been talking about Lifeloc's alcohol segment recently. He definitely has an interest in the company/stock, or why would he bother? Is he short the stock? Maybe, or maybe he wants in at a cheaper price. Who knows. He has a good point about using limit orders, but that should just be common sense to anyone that has ever purchased a security online.
I used to trade millions of dollars a year, day trading stocks. I purchased LCTC back around 2014, making several small purchases in the $4 to $7 price range. In only a few short months, the stock rose into the $20's, and I took an over double profit in the $15's. Back then, I was more into trading vs. investing, and this was an easy trade - in an "illiquid stock" as Baldwin puts it.
I've owned hundreds of stocks in my lifetime. For some reason, this company and it's stock has always stuck with me. I have followed and researched this stock, it's management, revenue and profits, it's charts, it's insider buying, etc. since 2014. Lifeloc has primarily been mostly profitable throughout it's inception, with the exception of a brief period during Covid, which affected most companies, and a brief period recently, with the devotion of funds going to R&D of their Spin DX device. Maybe Baldwin should read a few of their 8k and 10k reports, which I doubt he has.
Sounds like the guy is from Baltimore. Maybe we should take him out to lunch at Jimmy's Famous Seafood, for some steamed crabs and a beer...
Recent LCTC News
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 08/14/2024 10:31:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 08:20:09 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 08:06:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/26/2024 03:58:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/25/2024 10:37:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/25/2024 10:35:40 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/31/2024 07:22:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/23/2024 09:30:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 08:30:12 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 08:15:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/19/2023 10:14:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/08/2023 09:46:57 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/08/2023 02:57:07 PM
FEATURED SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service • Nov 7, 2024 8:48 AM
FEATURED SBC Medical Group Holdings and MEDIROM Healthcare Technologies Announce Business Alliance • Nov 7, 2024 7:00 AM
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VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM
Rainmaker Worldwide Inc. Announces Strategic Partnership Between Miranda Water Technologies and Fleming College • RAKR • Nov 4, 2024 12:03 PM
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